Press release

To supplement the press release distributed on January 10th, 2011 at the request of the market Authorities and in respect to statements given to the newswires, Telecom Italia Media confirms that - as per the financial estimates available today for the fiscal year 2010 - the receipts from the loan of broadband to Dahlia TV amount to circa 24 million Euros.

The Company reiterates that the financial effects affecting TI Media following the termination of Dahlia TV will be included in the 31/12/2010 Balance Sheet to be approved by the Board Meeting by the end of the month of February 2011.

Rome, 12 January 2011

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